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MicroStrategy invests 561 million USD in Bitcoin ahead of Christmas

Under Michael Saylor, MicroStrategy has now invested 1.5 billion USD in Bitcoin in December alone. With an average purchase price of 100,386 USD per Bitcoin, they remain one of the largest Bitcoin holders globally.

Despite impressive returns of 47.4% quarterly and 73.7% yearly, concerns arise about Bitcoin’s volatility affecting MicroStrategy’s stock, which has seen over a 15% decline alongside Bitcoin’s nearly 12% drop recently.

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